Economy has cost PM Modi: Omar

Economy has cost PM Modi: Omar

SRINAGAR: Former Jammu and Kashmir chief minister Omar Abdullah on Thursday said a survey was not needed to admit that India’s Prime Minister Narendra Modi is the most popular leader in India at the moment but the economy has cost him. “That said I don’t need a survey to tell me what most would admit […]

Note ban a thoughtless act, PM Modi robbed India of its economic prowess: Rahul

Note ban a thoughtless act, PM Modi robbed India of its economic prowess: Rahul

NEW DELHI: Congress vice president Rahul Gandhi on Wednesday accused Prime Minister Narendra Modi of “robbing” the country of its economic prowess and “damaging” India by converting people’s anger due to joblessness into “communal hatred”. On the first anniversary of demonetisation, which he termed a “tragedy”, Gandhi said livelihood of millions of honest Indians were […]

Jaitley assails Manmohan for calling note ban a “loot”

Jaitley assails Manmohan for calling note ban a “loot”

NEW DELHI: Finance Minister Arun Jaitley today contested Congress leader Manmohan Singh for calling demonetisation an “organised loot”, insisting the exercise was an “ethical drive and a moral step” that made corruption difficult. The loot is what happened in 2G scam, commonwealth games and allocation of coal blocks, whereas demonetisation was an economic exercise based […]

Bankers say note ban has been good for them

MUMBAI: A couple of days ahead of the first anniversary of the Narendra Modi government’s decision to demonetise Rs 500 and Rs 1,000 currency notes, bankers on Monday said the step had been good for them as it resulted in higher deposits and pushed digitisation at a faster pace. On November 8 last year, Prime […]

I would have quit if forced to implement noteban: Chidambaram

I would have quit if forced to implement noteban: Chidambaram

RAJKOT: Assailing Prime Minister Narendra Modi over demonetisation, senior Congress leader P Chidambaram on Saturday said he would have quit as finance minister if forced to implement the measure. He also targeted Modi over “hasty” implementation of the GST, and his pet bullet train project. “If my prime minister had asked me to do demonetisation, […]

India is world’s 40th most competitive economy: WEF

India is world’s 40th most competitive economy: WEF

NEW DELHI: India has been ranked as the 40th most competitive economy — slipping one place from last year’s ranking — on the World Economic Forum’s global competitiveness index, which is topped by Switzerland. On the list of 137 economies, Switzerland is followed by the US and Singapore in second and third places, respectively. In […]

GDP growth at 3-year low: Additional measures on the anvil to boost economy, says Jaitley

GDP growth at 3-year low: Additional measures on the anvil to boost economy, says Jaitley

NEW DELHI: Finance Minister Arun Jaitley on Wednesday said the government is considering additional measures to bolster economy that has hit a three-year low of 5.7 percent in the first quarter of the current fiscal. The minister said an announcement with regard to the additional steps will be made after consulting Prime Minister Narendra Modi. […]

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